TFC Acquires Forward Industrial

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TFC has acquired Forward Industrial, a Midlands-based distributor of fasteners, as part of a strategy to further grow its business in the UK and Europe.

(Image credit: TFC/Forward Industrial)

Forward Industrial combines service solutions across inventory management, direct line feed, scheduled deliveries, MRO solutions and integrated managed stores.  The company offers a rapid part replacements service along with sample production runs. Forward Industrial specialises in safety-critical fasteners and turned parts, working mainly with the automotive, aerospace, rail, power generation, infrastructure, defence, and oil and gas industries.

“Forward Industrial has the same customer dedication as we do at TFC, along with a clear commitment to providing quality products and high levels of customer service,” said Morgan Burgoyne, president of TFC. “With Forward, we recognised a chance to bring on board a highly reputable business and skilled team known throughout the industry,” he added.

“We’re really pleased to be part of the growing TFC group. The partnership is a perfect fit for Forward Industrial,” said Martyn Cleaver, managing director of Forward. “It opens up new opportunities within our existing customer network and enables us to share our 27 years of industry expertise with TFC’s customers.”

The company will continue to be run by its current management team led by Martyn Cleaver, MD and operate out of its existing premises in Tyseley, Birmingham.